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Shop With Office/Storage Above, 14 Swan Street, Warwick, CV34 4BJ

1,375 Sq Ft / Retail / General Retail

For Sale - £400,000.00

To Let - £27,500.00 per annum

Available - Last updated: 19 August 2019

The subject property comprises a 3 storey, mid terraced, 17th Century building with Georgian Façade constructed of traditional brickwork with a pitched slate roof. The property benefits from period features such as sash windows to the upper levels and a single glazed timber framed shop window and door to the ground floor.

The building currently comprises a retail shop at ground floor with further retailing / office / storage area to the upper levels.

The property also benefits from rear access via a right of way over a secure car park. For the avoidance of any doubt, the building does not have any allocated car parking but a resident parking permit may be available.

Location

The property is located on Swan Street which is situated in the heart of the historic County Town of Warwick. The property occupies a prime retail spot with the likes of Greggs, Superdrug, Caffe Nero and M&S all close by. Swan Street is a key road linking Jury Street to the Market Square and, as such, benefits from high footfall. There is on-street car parking and public car parks within close proximity.

Accommodation

Ground floor retail area - 605 sq ft (56.22 sq m)

First floor retail area - 181 sq ft (16.08 sq m)

First floor stock room - 210 sq ft (19.05 sq m)

Rear staff accommodation

Second floor front office - 229 sq ft (21.25 sq m)

Rear store room - 150 sq ft (15.09 sq m)

Terms

Services - Mains gas, electricity, water and drainage are all connected to the property.

Planning - Current planning A1 Retail.

The building benefits from a Lawful Development Certificate for proposed retention of A1 Retail on ground floor and part first floor together with a proposed mixed use to convert the remaining area of the first and second floor accommodation to a single apartment (Used Class C3). Planning application number W/17/1982. Local Planning Authority Warwick District Council.

Tenure - The building is to be sold freehold subject to vacant possession of the whole.

Price / Rent - Offers are invited in the region of £400,000 exclusive for the freehold.

Quoting rent - £27,500 per annum exclusive.

VAT - We are advised that he building is not VAT elected.

EPC - The building is Grade II Listed and therefore, does not require an Energy Performance Certificate.

Legal Costs - Each party will be responsible for their own legal costs associated with this transaction. 

Specification

  • Plus basement stores
  • Available with vacant possession
  • Subject to Contract

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £400,000.00 NA
  To Let £27,500.00 per annum

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Contact agents

Bill Wareing

Wareing & Company

01926 270453

Jonathan Blood

Wareing & Company

01926 270411



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